ChangeNOW Token price

NOW

#1158

Total supply of NOW Tokens is 199,763,509.9. It has been already burnt 102,190,154.33 NOW Tokens and it will continue until their number reaches 100,000,000!

Allocation of NOW Tokens: * 40% Reserve * 12% Development fund * 12% Advisors and corporate evangelists * 12% Marketing needs * 10% Risks prevention * 30% Airdrop * 14% Team bonuses * 10% Private investors

ChangeNOW Token, known as NOW, is a digital asset that operates on both the Ethereum and Binance Chain networks, adhering to the ERC20 and BEP2 standards, respectively. This token was introduced by ChangeNOW, a platform that facilitates instant cryptocurrency exchanges. The creation of NOW serves multiple purposes within the ChangeNOW ecosystem, primarily functioning as a utility token.

With a total supply of 200,000,000 NOW tokens, this digital asset plays a crucial role in the operations of ChangeNOW's services. It is utilized as a form of payment for various services offered by the platform, including asset listing fees. This makes NOW an integral part of the platform's economy, providing users with a practical utility besides its potential trading value.

Moreover, NOW has been designed to be stakeable, offering holders an opportunity to earn rewards by participating in the network's security and operations. This feature adds an additional layer of utility, encouraging users to hold and use the token within the ChangeNOW ecosystem.

The token has seen significant developments since its launch, including listings on multiple exchanges and the implementation of liquidity solutions such as its addition to Uniswap on September 30, 2020. These steps have been taken to ensure that NOW is accessible to a wide audience and can be easily traded or used for its intended purposes.

It's important for potential investors and users to conduct thorough research and consider the various aspects of NOW, including its utility within the ChangeNOW platform and its performance on the market. This due diligence is crucial before making any investment decisions in the cryptocurrency space.

The security of the NOW Token, the native digital asset of the instant exchange platform ChangeNOW, is multifaceted, incorporating both technological and operational measures to ensure its integrity and the safety of its holders. Technologically, NOW Token leverages the robust security frameworks of two major blockchain networks: the Ethereum network, adhering to the ERC20 standard, and the Binance Chain, following the BEP2 standard. These standards are well-regarded in the cryptocurrency community for their reliability and security features, including smart contract capabilities on Ethereum that enable automated, transparent, and secure transactions.

Operational security measures for NOW Token include advanced Anti-Money Laundering (AML) mechanisms, rigorous internal compliance checks, and sophisticated encryption practices. These measures are designed to prevent financial crimes, ensure the platform adheres to regulatory standards, and protect user data and assets from unauthorized access.

Furthermore, the token's utility within the ChangeNOW ecosystem, serving as a means of payment for asset listing fees and as a stakeable token, underscores its importance to the platform's operations. The platform's commitment to security is also evident in its transparent practices, such as the token burn event on the Ethereum Blockchain and the seamless exchange mechanism between ERC-20 NOW Tokens and Binance Chain NOW Tokens, enhancing liquidity and user trust.

Investors and users are encouraged to conduct their own research and consider the security features and practices of NOW Token and ChangeNOW platform before engaging in any investment or transaction. The combination of technological security measures with stringent operational protocols demonstrates a comprehensive approach to safeguarding the NOW Token and its ecosystem.

The ChangeNOW Token (NOW) functions as the native digital asset within the ChangeNOW ecosystem, an instant exchange platform. It operates across both the Ethereum and Binance Chain networks, facilitating instant crypto swaps. With a total supply of 200 million NOW tokens, evenly split between these two networks, it underscores its utility and accessibility across different blockchain environments.

The utility of NOW extends beyond simple token swaps. It is integral for various transactions and activities on the ChangeNOW platform. Users can leverage NOW for purchasing subscriptions, engaging in staking activities, and enjoying discounted payments on the platform. This multifaceted use-case scenario enhances its value proposition to users within the ecosystem.

Moreover, NOW tokens can be swapped for other cryptocurrencies, offering users flexibility in managing their digital assets. They also serve as a payment method for fees on the platform, including asset listing fees, thereby embedding themselves further into the operational aspects of ChangeNOW.

Staking NOW tokens is another significant utility, providing users with a potential return on investment (ROI) while also enabling them to earn discounts on transaction fees. This staking mechanism not only incentivizes the holding of NOW tokens but also contributes to the overall liquidity and stability of the token within the market.

The listing of NOW on various exchanges, including IDEX and Binance DEX, along with its availability for trading, increases its accessibility and exposure to a broader audience of crypto enthusiasts and investors. The token's integration into Uniswap for liquidity purposes further underscores its relevance in the decentralized finance (DeFi) space.

In summary, the ChangeNOW Token is designed to serve as a versatile and integral component of the ChangeNOW ecosystem, offering users a wide range of functionalities from instant swaps to staking and fee payments, thereby enhancing their experience on the platform.

ChangeNOW Token has experienced several significant milestones since its inception, reflecting its development and integration within the cryptocurrency ecosystem. Initially launched on both Ethereum and Binance Chain, this strategic move allowed the token to leverage the strengths of two leading blockchain networks, enhancing its accessibility and utility. The token's total supply was set at 200,000,000 NOW tokens, establishing its market cap and distribution strategy from the outset.

A pivotal moment for ChangeNOW Token was its listing on IDEX on April 25, 2019, followed closely by its listing on Binance DEX on April 30, 2019. These listings significantly increased the token's visibility and availability to a broader audience of investors and users within the cryptocurrency community. Furthermore, on April 23, 2019, a decisive action was taken to burn 50% of the NOW Token emission on the Ethereum Blockchain, simultaneously releasing it on the Binance Mainnet. This move not only demonstrated a commitment to maintaining the token's value but also its adaptability to the evolving blockchain landscape.

The provision to exchange ERC-20 NOW Tokens for Binance Chain NOW Tokens free of charge via the ChangeNOW website further exemplified the platform's user-centric approach, ensuring holders could easily transition between networks without financial penalty. Additionally, the addition of NOW liquidity to Uniswap on September 30, 2020, marked another key development, enhancing its liquidity and facilitating easier trading.

ChangeNOW Token serves as the native digital asset for the ChangeNOW platform, an instant exchange service. It functions as an internal currency for NOW products, including payment for asset listing fees on ChangeNOW, and is also a stakeable token, offering users additional utility and incentives.

As with any investment in cryptocurrencies, it's crucial to conduct thorough research and consider the inherent risks. The landscape of digital assets is continually evolving, with market dynamics influenced by a wide array of factors.